PHMI Reports Sales Drift Down in Q1 - Builders Merchants Journal

Merchants Q1 volume sales down -8.1% year-on-year as Iran war hits pause

The latest Builders Merchant Building Index (BMBI) report reveals builders’ merchants’ like-for-like value sales for Q1 2026, adjusted to remove the impact of trading days, were -3.2% lower than Q1 2025. Like-for-like volume sales were down -8.1%, with prices increasing +5.4%. With no difference in trading days, unadjusted Q1 total value sales were also down -3.2% year-on-year. By value, seven of the twelve categories sold more with Renewables &…

PHMI reports sales drift down in Q1 - Builders Merchants Journal

Figures published by the BMF (Builders Merchants Federation) in the Plumbing and Heating Merchants Index (PHMI) have highlighted the impact of price and volume on overall sales value in the first quarter of 2026. Total value sales in Q1 2026 were marginally lower than in Q1 2025 at -0.1% as volume sales fell by -4.3%, …